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, thank you so much. great to have you here. >> thank you. >>> elsewhere in republican land, john boehner was polishing his tough guy act today. what everybody else threatening economic disaster, he's now calling leverage. that moment in heroism is next. y with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] for a professional cleansing device? join the counter revolution and switch to olay pro-x. get cleansing results as effective as a $200 system. guaranteed or your money back. olay pro
you here. >> thank you. >>> elsewhere in republican land, john boehner was polishing his tough guy act today. what everybody else threatening economic disaster, he's now calling leverage. that moment in heroism is next. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now -- but hurry, the offer ends soon. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how h
naked in john boehner's office, three were arrested. all the girls. john stanton said there are actually people who woke up today and said today, i'm going to get buck naked in front of john boehner's staff and so it is. getting naked is a tactic. a protest tactic and judging by the wide eyed tweets as it happened, today, nudity worked. see you again tomorrow night. now, it's time for "the last word" with lawrence o'donnell. >>> when kelly corey won the oscar for her first screen play 20 years ago, she had no idea that the heroes of her film, thelma and louise were going to become political role models. >> white house is continue to warn of dire consequences for the middle class. >> on friday, he'll return to the stumps. >> he's back on the campaign trail. >> the campaign style tour. >> trying to drum up public support for his budget priorities. >> seems like just another fight in washington. >> there are really two issues there. >> a revenue side, yes. >> where is that revenue going to come from? >> increasing tax rates is going to harm dmik growth. >> warren buffett was out this mornin
and the senate majority leader's office and john boehner's office, the house republicans. but so far what we've seen, at least in the principal, is really just highlighting the differences and how stark the differences are. yes, there have been some republicans who have publicly said they are open to poe tengts tax increases, revenue increases, but even more so we're seeing this entrenchment over the military spending cuts, the unwilling nness to see that and we're seeing on the democratic side the idea that maybe it wouldn't be so bad if we went over the fiscal cliff and kicked the can down the road to the next congress which will be more favorable from the liberal perspective to negotiating on these big picture issues. frankly, i think it would be harder to have a compromise on son-in-law of the entitlement reform that republicans want to see, at least some movement before they will agree before this talk of raising taxes will be anything more than the lip service that you mentioned. >> okay. so ken is suggesting there it's in republicans' interests to do a deal now. jared, the white house
speaker john boehner is flipping his lid over obama care again. he has no leverage, but now he wants the affordable care act on the table in fiscal cliff negotiations. congressman elijah cummings will respond. papa john's plays politics with pizza and the people fight back. >> no, no, no, no. >> we'll tell you about the pizza maker's face-saving move. and republicans never rest. ohio senator turner on the effort to block the vote in 2016. >>> and political comedian, baratunde thurston on how to talk to this guy at thanksgiving. ♪ i want my country back, country back, country back ♪ . >>> good evening, folks. thanks for watching. someone needs to sit down with the republicans and explain to them how negotiations work. when you have no leverage, you don't get to make outlandish statements and demands. house speaker john boehner recently called himself the most reasonable man in washington, but in an editorial for the cincinnati enquirer today, boehner took the very unreasonable position of including obama care in debt negotiations. "the president's health care law adds a massive, e
. will it last? we have top officials from both sides "outfront" tonight. and speaker of the house john boehner put obama care on the table. he says if we're serious about getting our financial house in order, obama care has to go. is he crazy? or crazy like a fox? let's go "outfront." good evening, everyone. i'm erin burnett. and "outfront" tonight, cease-fire. 142 people were killed in gaz why and five in israel, egypt helped negotiate a temporary truce which took effect at 9:00 at night in tel aviv. it was met with gunfire in the streets of gaza city. it is fragile. israeli defense forces say there are five rockets launched from gaza since the cease-fire went into effect. and prime minister benjamin netanyahu's statement was cautious. he said he was willing to give the egyptian cease-fire a chance before there is a need to use greater force. not exactly a ringing endorsement. here's the key thing, while the united states got involved with a visit from hillary clinton this deal was not brokered by the usa. >> this is a critical moment for the region. egypt's new government is assuming the res
to meet with leaders of the business world this afternoon politico is reporting that john boehner and his leadership team are making plans to meet with some of these very same executives. now the irony here is that obama and boehner still have no plans to meet themselves face-to-face. the two did meet before congress' thanksgiving recess along with the other two three members of the house and the senate. they had plans to meet again this week but still nothing is scheduled. it is not a great sign and shows that the two groups are practically incapable of working together. the last time obama and boehner tried putting together a big deal over the budget, that completely collapsed and this time around, the american people are getting less and less optimistic that congress will be able to reach a deal before the tax hikes and spending cuts kick in just 33 days. it is going to look bad for congress if they cannot get this done and some republicans are saying it's time to give in. politico's also reporting oklahoma representati
are meeting with the white house chief staff. john boehner is having some meetings with business leaders. meanwhile, the staff of the senate and the house and the white house are all meeting -- this purpose of avoiding the fiscal cliff which is now 35 days off or something. so first of all, two questions. how serious is it and what do you think is going to happen? >> it is potentially very serious that is if we hit the fiscal cliff and go over it and it stays in place. the deficit falls by $600 billion, the largest one-year reduction in history but will throw the economy back into a recession. unemployment will go from 7.9% currently to over 9%. i don't think that's going to happen. i do think we'll go over the cliff, not have a deal before it happens. i think it will be fixed shortly after this -- after they storm the castle with pitch forks and torches but this is potentially the worst fiscal policy since the end of the great depression when we went into an austerity program too early and threw the economy back i
. and you look everybody is saying it, john boehner, mitch mcconnell peter king lindsay graham, on and on and on. all of these republicans coming out and saying we agree, you can't do it by spending cuts alone. you have got to raise revenues and we're on board, and we're willing to break the grover norquist pledge. these guys have totally recognized the american people agree with obama, and so therefore they are going to change their ways. here is my advise to all of you, all right. don't believe it. this is a con game. this is a shell game that the republicans are playing. let's listen to some of the voices. here for example is saxby channedless. it's valid now but times have changed significantly. and i care more about this country than i do about a 20-year old pledge. >> bill: oh, yeah. he is setting himself up there as oh, man, i love my country, more than i love grover norquist. peter king yesterday. >> i agree entirely, a pledge you signed 18 years ago is for that congress. if i were in congress in 1841 i would have signed the declaration of war agai
. speaker john boehner deserves some leeway to try to mitigate the damage by negotiating a larger tax reform. leeway to negotiate sounds pretty sane to me. for some, of course, that's a great big lump of coal wrapped up as an early christmas present. >> revenue that happens to be the democratic code word for tax increases. that is simply not an acceptable position for any true conservative. republicans were not elected to rubber stamp obama's agenda. >> seems some news personalities may be taking a tax increase on the highest earners somewhat personally. anyway, republicans didn't win the white house or the senate. i wonder what other conservatives have to say about that. >> the republicans are in a shocking amount of disarray right now. the republican party has not developed an alternative idea set other than what mitt romney and paul ryan were campaigning on and sort of by default it has become their opening negotiation position. >> i see. so their opening position is the one that was vigorously debated and comprehensively defeated just three weeks ago. i guess the only question now is, wh
've been defeated on this. what has to change is their attitude on this. >> oh, is john boehner going to be pissed when he finds out mitt romney lost the election. if they let him out of that time machine, he might be something. the thing i find humorous about this, as well as about the whole issue of taxes and whether or not we should repeal the bush tax cuts, is that republicans do seem to have decided that the election that just happened didn't really happen. and that they are going to propose pretty much all of mitt romney's ideas as their negotiating starting point. well, we just -- >> we needed paul ryan actually to help get the job done. >> even having paul ryan talk about it. it's amazing. they decided while mitt romney lost the election, his ideas, they think won. i don't know how they get there. >> i feel like what they're trying to do is say, we lost, never mind but we're going to keep doing what we do. if we keep saying it enough, maybe -- >> i read that -- john boehner's op-ed pretty carefully. here's one thing he said. he said there are three ways to take down obama care
the republicans agree with the president? well, that about turned speaker john boehner's blood into a red river valley of rage. >> i told tom earlier in our conference meeting that i disagreed with him. you're not going to grow the economy if you raise tax rates on the top -- on the top two rates. it will hurt small businesses. will hurt our economy. >> taxing the rich hurts small business, yes, the very familiar offerings of one mitt romney. losing presidential candidate. who will be enjoying a free government lunch tomorrow at the white house at the invitation of the president. not sure what will be on the menu, but many are betting on a generous serving of crow with a beet salad. let's go to our panel, with him y william cohen, and here in new york is msnbc political analyst jonathan alter, also a columnist for the "bloomberg view." the president is pressing his case hard for a deal on middle class tax relief. secretary geithner will head to the hill. is john boehner now facing the rising tide against his yacht owners and the like? >> i think he is. a 60-37 margin on supporting raising taxes
person doesn't agree with tom cole who i showed in the opening and that's speaker john boehner. let me show you what the speaker had to say. >> i told tom earlier in our conference meeting that i disagreed with him. the goal here is to grow the economy and control spending. you're not going to grow the economy if you raise tax rates on the top two rates. we're willing to put revenue on the table as long as we're not raising rates. >> so, joy, boehner is not exactly ready to go along with the american people, it seems. >> i think what you just saw there, rev, was a man waiting for bated breath on january 3rd, hoping that every day gets shorter and shorter and shorter as long as we're still in the lame duck congress and tea party members are still there. i think john boehner still has an ounce of fear that he will lose that vote. so he's always watching his right flank. i think boehner will be in a stronger position if we get to january 3rd and there isn't a deal and he can force a deal on his tea party members but this is a guy who still has to message to the right. this deal would have
piece is does john boehner have enough running room to strike a deal involving some new revenue. i still am of the belief that the vote in the house, which will be a cliff hanger no matter what happens amongst the leaders in the white house, it will be a tough vote. i think it will be a democratic buildup than a republican buildup. but there's no doubt that if eric cantor is willing to at least vote on a deal that has new revenue, that that is a huge paradigm shift. and i think that gives us all hope, although there's still a long way to go, that there can be a deal that has the president has said for a long time, a balanced approach. >> but ruth, what are the democrats willing to give, because there are some democrats, some of the more liberal democrats who are saying let's go over the cliff. that gives us more leverage. >> there's extremes in both parties that say let's go over the cliff. grover norquist was saying it the other day. i just want to -- before we get to the democrats, i want to be debbie downer for a minute on the republican side. i totally agree with mark. we're hearing
money expers will help put pressure on both sides to sko compromise. here was speaker john boehner just moments ago. >> it's time for the president and democrats to get serious about the spending problem that our country has. but i'm optimistic. >> let's bring in democratic strategist and former kerry deputy campaign manager steve elmendorf and former gingrich senior adviser david winston. good to see you both. >> good to be here. >> david, something else speaker boehner said moments ago, as you know, congressman tom cole broke with most of the rest of republicans saying, look, we should just take the tax breaks for people making under $250,000 a year and worry about the upper-income folks later. john boehner just said no, he doesn't agree with that. what do you think's going to happen here? >> well, the next couple weeks as we begin to sort of lay out these sort of contrasting positions that the president and the speaker have, look, what the spoker's focused on here is, yes, we obviously need to raise more revenue. there's a disagreement in terms between the president and the speaker i
obama was re-elected as president, i have to say, you are probably not thankful that john boehner was re-elected as speaker of the house. and vice versa, if you're psyched about john boehner, you're probably not psyched about president obama. but there is one thing about the re-election of both of these men that i think is maybe worth being thankful for. i am thankful that john boehner forever and president obama may be only recently, these two men have been willing to show emotion in public. to be big, tough, american leaders of the highest order, right? both of them in positions where they really answer to no one but the voters. and they are willing to be seen shedding a tear, without shame. i am thankful for that in our national american leadership. i am thankful that the brilliant bbc series, "house of cards," about the most evil politician ever, a mini series that i've watched a million times and i've been addicted to for years, i am happy, i am thankful, i am thankful that "house of cards" is being remade by kevin spacey and it comes out in february. i'm thankful for nbc white hous
to prejudge it. and we should not be taking iron clad positions. i have faith in john boehner. >> congressman, we have seen this movie before. the bottom line question and, what can speaker boehner sell? if he goes to them and says, look, we cut a deal here, but tax rates have to go up. actual tax rates have to go up on the wealthy, like senator levin just said. can he sell it? >> i think john is going to do all he can to avoid an increase in tax rates. but as senator levin said, you can get the same results by changing deductions, changing exemptions, and that would put more of a tax burden on the rich but it would not affect marginal tax rates. i don't want to prejudge any of it. bottom line, we cannot have sequestration. we cannot go off the fiscal cliff. the election is over. we have a speaker. the democrats have a president. the democrats have harry reid. we have mitch mcconnell. get them in the room. and that's what representative governments should be about. no one gets all they want. if reagan and o'neal can do it, r boehner and obama should be able to do this. >> the last attempt at
asking a question about something. you find out what people -- you and about john boehner, you don't ask about the fiscal cliff or the tax plan. they ask if john boehner is gay. is joe biden, stupid, retards, gay, jewish, smart? these are the smart. these are the things that pop up. >> gay is like always. >> gay is up there. mormon is up there a lot. bill belichick, the patriots coach, is bill bielichick gay, mormon, a cheater. >> sideline cheater. >> it's interesting that this profile, i think people don't maybe appreciate that everything you're searching -- there are people who are putting this all together and saying that's who this guy is. >> that reminds me of a funny story from thanks lelast year. a guy on twitter told his dad twitter was a search engine. so his dad started entering questions into twitter and they went up as posts. some examples, how do you pronounce juan? national geographic dinosaur truth. can i bring a tupperware of chili on an airplane. i don't know if this was real or fake but it was really, really funny. people don't realize, the internet is not a gated commu
with president obama? house speaker john boehner said no way. >> i told tom earlier in our conference meeting that i disagreed with him. you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses and hurt our economy. >> joining me now from washington, d.c., the democratic senator from washington, patty murray, a member of the senate budget committee. it is great to have you on the program. >> well, thank you, alex. nice to chat with you. >> senator, let's talk about the fiscal cliff. increasingly we are referring to it as the fiscal curve, possibly among some folks in our circle, the fiscal mole hill. you have advocated going over the fiscal cliff as a way for both democrats and republicans to make a deal and i will call to mind -- i will call to everyone's attention comments you made at the brookings institution this summer when you said if the bush tax cuts expire every proposal will be a tax cut proposal and the norquist pledge will no longer keep republicans boxed in and unable to compromise. which would seem to be good news for republ
conferences every week. they run the retreats. >> run the retreats? >> john boehner -- >> you're getting in deeper and deeper. >> they run the caucus meetings every week. she runs the caucus, decides which speakers come in. vice chair of the caucus, lynn jenkins, virginia fox -- >> what's a more important position, chairman and vice chairman of the caucus or speaker of the house -- >> or committee chair. >> any of the committees. >> caucus chairman trumps the committee chairmanship. i've been both. i've been in the leadership and i've been a committee chair. look, you only had one woman in contentious for committee chairmanman ship, candace miller. they're knife fights. when the caucus was allowed to speak, they elected -- they selected the woman. unfortunately, you know -- >> a bloomberg article points out uncomfortable optics, the white republican house is going to present. quote, the visuals will be striking when the house debates whether to overhaul the country's tax code and consider ways to keep the costs in social security and medicare under control. white males of the republican
john boehner after a meeting at which the white house. does that mean that republicans are considering raising taxes on wealthy americans? >> yes, but there's a divorce between raising revenues and raising rates. and i'm afraid that half of washington, the liberal half, has an inability to understand. you can keep rates the same, or even lower them, as was recommended by the president's own debt commission, which he rejected, if you broaden the base by eliminating deductions and credits and all kinds of exemptions. that is how they did it in 1986. in the reagan-o'neill agreement. they lower the rates and raise revenue by broadening the base. every quarter century we have to clean out the tax code, all the articles that are added by lobbyists, and get them out of there. >> there was a story in the "new york times" this week that there might actually be a millionaire surtax. is that what democrats are looking at? >> -- a millionaire's tax. is that what democrats are looking at? >> there are fantasies in both camps. on the one side, it is raising their rates on everybody who makes $250,00
tweet me @wolfblitzer. >>> out front next today, president obama and speaker of the house john boehner both hint that a deal to avoid the fiscal cliff is on the way. possibly in time for santa. i asked republican john cornyn whether he thinks that is a reality. >>> and governor romney sits down with the president since the election, actually since the debates. does this do either of them any good? rick santorum is out front. and julian assange is out front to answer critics and our questions tonight. let's go "out front." >>> good evening, everyone. i'm erin burnett, outfront tonight, an early christmas miracle. or at least the glimmer of one today. barack obama bringing glad ti tidings of great joy to avoid the fiscal cliff. >> i will go anywhere and do anything it takes to get this done. it's too important for washington to screw this up. >> and john boehner, not to be outdone, put a little early present under the tree too. >> i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> these are pretty glum faces to deliver those present
of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock step now than they were during the summer of 2011. if that holds, it really could help the house of representatives to get on 3w0rd of some type of idea. >> we've heard from chairman bernanke and others. how much of a factor will the fed and the ceos of all these major companies be as we get closer to this major deadline? >> one of the questions is how do people react where all these tax increase, all these spending cuts take effect. if there's no deal in the middle of december, say, do we start to see some real impacts? do companies start slowing their capital spending plans, do they start holding up on hiring. there's a risk that there could be economic damage even if there is a deal by january 1. maybe we haven't reached full agreement yet but we're close. we're almost there. i think having a sense that there's momentum and things are going the right direction is important for business confidence and getting through this without any economic d
at the staff level. apparently he called and he talked to john boehner on the phone. they had a deal almost. once before. i think the outlines of it will be revived and they have to figure out how to structure it. some down payment by the end of the year. some instructions to the tax write-in committee about how much money you will get out of revenue, entitlement and spending. then they can go forward. it really do think that the basic structure of this has not been blown up. >> bret: steve? >> yeah. i mean, i don't have a problem with the president making his case in philadelphia. that is fine. he is the president and he is entitled to do that. i have a problem on the emphasis on taxes and re-knews. that is all we have had a discussion of at this point. the way to solve our long-term debt issues as everybody in this entire town knows is by reforming entitlements. there has been so little discussion of reforming entitlement to this point, very little of it in public. back when they had negotiations the first time, the president wouldn't put anything out on paper. now you're having calls fro
are starting to turn away a little bit from speaker john boehner. tom coal rank and file member. is he part of the leadership but from oklahoma and basically said today extend them for the large majority for the middle class and come back and fight it out in january instead of going off the cliff. take a listen. >> everybody's taxes are scheduled to go up. and unless we fix that, paradoxically president obama becomes the defender of the bush tax cut for 98% of the people and he is he no such thing. >> bottom line is both sides are still laying out the same ideas they have been doing for weeks now. today irskin bowls one of the key budget experts says he believes there is a two thirds chance that he wool go off the fiscal cliff. that's not too optimistic tonight, shep. >> shepard: not at all. ed henry live on the north lawn. the president is sending one of his top negotiators to capitol hill tomorrow to meet with congressional leaders from both parties. mike emanuel is live for that part. is he live on the hill tonight. what's the latest on the talks. >> there is always hope for tomorrow tha
correspondent mike emanuel is following that story. >> speaker john boehner a central figure in cutting a deal says republicans offered a plan to avoid the fiscal cliff through the significant spending cuts and tax reform and are committed to working with the president. >> this is one reason why we believe we put revenue on the table. as long as it's accompanied by serious spending cuts. to avert this crisis. >> texas senator john cornyn says the bipartisan simpson-bowles deficit plan offered meaningful savings worth pursuing. >> they identified $1.1 trillion tax expenditures, benefits, deduction, credit and the like that could be cut as part of grand bargain. we ought to look at that. we need to flatten the code, simplify it and make it pro-growth. >> on the democratic side, senate majority leader harry reid told reporters he would like credit for what congress previously cut. >> we have already done a billion dollars worth of cuts. >> today, the top democrat in the house took a similar approach. >> i think it's important to note we have already agreed to $1.5 trillion in cuts in the budget c
, at&t. you see the signs here, just to name a few. on the republican side, house speaker john boehner says the gop has done its part and now it is time for the democrats to show their cards on spending cuts. >> we all know that we have had this spending crisis coming at us like a freight train. and it has to be dealt with. and in order to try to come to an agreement, republicans are willing to put revenue on the table, but it is time for the president and democrats to get serious about the spending problem that our country has. >> president obama and speaker boehner's last face to face meeting on the fiscal cliff was 12 days ago. though apparently they did talk over the phone this weekend. if the president and congress do not cut a deal, let me repeat myself here, massive tax hikes and spending cuts automatically kick in the first of next year. joining me now from washington is representative marcia blackbird, a house republican, represents the seventh district of tennessee which covers some of the suburb s between nashvile and memphis. nice to see you. thanks for coming on today. >>
or, b, limit deductions. but you know what the speaker of the house said the other day, john boehner, he said he's willing to do the latter. now you just saw what chambliss said. so is the era of grover and his you ubiquitous pledge over? >> no. i think grover deserves a great deal of credit for keeping that pledge to the american people and holding republicans' feet to the fire. gregg: is it over now? >> no. we have a different set of circumstances. perhaps what the democrats should have had is their own grover norquist on spending, and we wouldn't be in the mess we find ourselves in. but here's the reality, gregg.me for the status quo. nothing's changed since two months ago. we have basically the same makeup in government. obama controls the white house, we control the house, democrats controls the senate. but guess what? the american people don't expect a status quo in governance. gregg: there's a recent rasmussen poll and, juan, i want you to take a look as well, 57% agree that raising taxes on those making more than $250,000 a year is a good idea. can you put that up on the scre
relief with just two pills. >>> 12 minutes past the hour. house speaker john boehner says nothing is off the table to avoid that fiscal cliff, including obamacare. automatic cuts will start january 2nd if an agreement isn't reached. he said in an op-ed, we can't afford it. and we can't afford it to leave it intact. that's why i've been clear that the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge. >>> a special election following jesse jackson jr.'s resignation from congress. jackson says he needs to spend time, quote, restoring my health. jackson mysteriously disappeared from capitol hill in may and his office later revealed he was dealing with depression and had been diagnosed with bipolar disorder. health concerns aren't the only thing jackson is facing, though. ted rowlands is in chicago. good morning, ted. >> reporter: good morning, carol. yeah. well, the health concerns are significant. he had two stints at the mayo clinic. talking to family members, that was the main reason why he just couldn't move forward. and he gave his l
john boehner needs to go. i think it needs to be a kevin mccarthy as well as in the senate. you know, we need new leadership. marco rubio would be a great senate minority leader, and it's bold, but we need the change in washington d.c. heather: but in the meantime, we have what we have right now, we are just a matter of weeks away, so what do you think they need to do, and do you think that president obama will take the lead with dwoarks this time around? -- with negotiations this time around? >> absolutely. and he has started to take the lead. he's met with congressional leaders, the ones that we have, and i don't think that those are going to change, and we're going to see another meeting the in just a few days. but what i think really needs to happen is that republicans are finally going to have to stop letting grover norquist and his pledge hold our economy hostage. and the great thing that we have seen in the last few days is that some republicans are finally saying, guess what? i'm actually going to put the country first instead of some pledge i took 20 years ago, for example,
, and norah. the president and house speaker john boehner spoke by phone over the weekend. top aides in the house and senate tell us that negotiations at this point are just taking place between the president's staff and speaker boehner's staff. that's because any deal that involves raising tax revenue is going to face its biggest challenge in the republican-led house. top republicans returning from thanksgiving recess urged the president to make the first offer in fiscal cliff negotiations. and they expressed a new openness to raising tax revenue, if democrats agree to make cuts to strengthen medicare and medicaid. >> elections come and go. and when they go the spirit to find common ground becomes greater. >> reporter: georgia republican saxby chambliss and mark warner lead the gang of eight. four senate democrats and four senate republicans, who originally met in 2007 to craft a plan to cut the debt. >> you still don't have a final product after 2 1/2 years. why do shud we have any confidence that the president and the leaders should get anything done i
. that is just moments ago. we'll play for you what john boehner had to say about that. we'll talk to a key democrat about why the party doesn't want to deal on that front, all that. bill: you've got to wonder if it's not a part of the deal how does it pass the house. also republicans now countering the controversial d.r.e.a.m. act for young illegal immigrants. they have a plan of their own and one of the bill's cosponsors is live here to explain that moments away. martha: yes, she is. [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. bill: breaking news from the hill moments ago. republican leaders on the house putting their cards on the table when it com
want to see congress work together on this. president obama says he wants to. john boehner says he wants to. there you have the titans of industry in new york with their rich, mahogany furniture all saying we need to solve this crisis. yet here we are a few weeks away and we're still both sides sticking to their negotiations. there hasn't been a lot on what specifically would you do. this is going to be tight. >> it's going to be tight and everybody should brace themselves before the fiscal cliff comes the fiscal roller coaster and it's going to look dark before either it's totally black as senator mccain likes to say or before it gets done. my bet actually is on getting things done, but i have to say what's depressing about listening to chairman bernanke is how many times we've heard those words before about the last fiscal crisis, whether it's debt ceiling or something else, it really is time for congress to show it can get something done. >> this seems to poll very well, this bipartisanship. you know it. how come there's such difficulty both sides really not willing to nudge off
are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obama bardened a thanksgiving turkey cobbler and alternate gobbler and they went to a local food bank to deliver food there. president obama today delivering his weekly address wishing all americans a happ
and house speaker john boehner. it's a lot different animal than the senate gop conference. so that's the sort of bad news. while we hear a lot of this going forward and it seems to be pos tish, when you get down to the nitty-gritty and aides and those chose to president obama, there's not been a lot of movement on the taxive of what to do. republicans don't want to touch that. democrats want that. they feel they have a mandate from the election. that is the issue we said is going to be the linchpin for the last three months. it continues to be there. there is no movement on that. and until there's movement on how to come up with that type of revenue, 250 and above, we're going to keep having the same conversation about ongoing negotiations, talking points from both sides. >> luke russert getting down to the nitty-gritty. stephanie, let's get down to the markets. they put our chances of going over the cliff at about 5%. so why is the market freaking out? >> you know the market always wants to be a bull but it doesn't matter what side of the aisle to sit on you. have to agree we're n
john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth.
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